. >> one quick question about gasoline, because we've seen in california, maybe that's a leading indicator, has to do with the peculiar mix of state regulations, environmental regulations on gasoline refining, but that bump up is that going to be something that affects people in the pocketbook and affects the way they feel if we're seeing a surge in gasoline prices? >> definitely. a rise in gasoline prices is like a tax increase. however, what we've seen in this jobs report people are not only getting jobs, they're getting wage increases again. short-term trend, just the last month, but if that keeps up, and that should be more than enough to deal with some of the pockets of pressure you get from things like gasoline prices. >> greg, thank you. it's great to always have you here on jobs day in particular. both campaigns, of course, are weighing in. we've seen the president and mitt romney today. joining me now to discuss today's report from the obama administration's perspective, roger altman, chairman of evercore partner, now a supporter of the obama campaign joining us from seattle. grea